This is way more of what I thought robotics companies should be working on over their dumb 4 legged dog like robots. Wheels were invented for a reason and we are awfully good at moving things around on them at speed. Combining multiple attributes into a single form will ultimately prove to be the winning formula.
Just like in a year or two you will start to see more appendages than just two arms on humanoids.
I think this is a clever idea.
A hub motor for each leg adds some weight, but you get a rolling mode on flat terrain with great range.
At the same time you keep obstacle climbing mode with stationary wheels, and can use the leg actuators as shock absorbers and obstacle avoidance on a bumpy path. Best of both worlds, with a new software challenge.